Bloom Energy
BE
#4009
Rank
NZ$3.89 B
Marketcap
$17.07
Share price
-1.31%
Change (1 day)
-16.06%
Change (1 year)

P/E ratio for Bloom Energy (BE)

P/E ratio as of October 2024 (TTM): -8.87

According to Bloom Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.87395. At the end of 2022 the company had a P/E ratio of -11.7.

P/E ratio history for Bloom Energy from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-11.7-49.19%
2021-23.1-3.35%
2020-23.9756.86%
2019-2.79128.16%
2018-1.22

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.85-67.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.16-86.90%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.